Private Media Completes Acquisition of Leading U.S. Online Platform GameLink - GoFuckYourself.com

JayDeeZee · 01-22-2009, 10:32 AM

Private Media Group Completes Acquisition of Leading U.S. Online Distribution Platform GameLink and Creates Global Digital Powerhouse

Complete story here: http://money.cnn.com/news/newsfeeds/...___LA61468.htm

BARCELONA, Spain, Jan. 22 /PRNewswire-FirstCall/ -- Private Media Group, Inc. (Nasdaq: PRVT) announced today that it has completed the acquisition of GameLink, a leading U.S. adult Internet video-on-demand ("VOD") and eCommerce company in exchange for common stock of Private. The acquisition will enhance Private?s strategic digital media focus as a dominant and uniquely positioned global content production, distribution and development company in both the adult and mainstream entertainment sectors. Following the acquisition, the newly formed Private Online Media Division will benefit from a broader international sales and marketing infrastructure with full representation in both the U.S. and the EU.

Commenting on the Company?s decision to make this acquisition, Peter T. Cohen, Chief Operating Officer of Private explained: "During 2008, Private has been focusing its business on new media platform distribution with customized targeted content offerings with great success. The addition of GameLink?s successful VOD portal, along with its state of the art development capabilities for platform design, interactive functionality, and user profiling, will greatly enhance our global business model and ability to implement our online initiatives more timely and effectively".

Cohen continued: "We are very excited about the expansion capabilities this deal offers Private and our ability to have shorter time-to-market on new initiatives. The initiatives include a global roll-out of the GameLink VOD portal, a re-launch of private. com with enhanced functionality, expanded international content licensing deals and increased off-portal mobile content delivery. We expect the acquisition to result in strong incremental revenue and substantial profitability from our online media business as we maximize monetization of content on high-margin platforms".

Speaking about the synergies between GameLink and Private, Ilan Bunimovitz, newly appointed EVP of Private Media Online Division and founder of GameLink said: "This deal creates compelling new opportunities and a much stronger business model. It allows us to combine GameLink?s expertise in distributing rich media content with Private?s strong brand presence and broad reach into international online markets and emerging media platforms such as IPTV and Mobile. The combined entity will offer more content in more media formats, localized for more countries, than any other company has ever achieved. In addition, we will extend our first-class platform to other adult and mainstream content providers and resellers. This means that customers, affiliates, and content providers now have a one-stop digital aggregation and distribution solution".

The acquisition was initiated pursuant to a Letter of Intent entered into in November 2008 and was completed on January 20, 2009 with a definitive acquisition agreement. The acquisition agreement provides for the issuance of 8,534,309 unregistered shares of Private common stock to the owners of GameLink and related companies upon completion of the acquisition, and up to an additional 4,597,397 shares of Private common stock based on earnout targets.

The combined pro-forma revenue of the two entities for the nine months ending September 30, 2008 was $35.3 million compared to $22.7 million in revenue for the same period for Private alone.

About GameLink

Founded in 1993, San Francisco based GameLink LLC is one of the leading online retailers of adult entertainment in the US. GameLink currently has over 70 employees and focuses on online distribution of adult content through its website www.GameLink.com. The site provides an enhanced user experience and state-of-the-art functionality. GameLink maintains distribution agreements with all major US adult content providers and offers over 60,000 titles available in multiple popular media formats. The Company has established an industry leading reputation for innovative online retail and eCommerce solutions. Visit gamelink. com for more information.

About Private Media Group

With its over 40 year track record, NASDAQ listed Private Media Group (PRVT) is a brand-driven world leader in adult entertainment and distributes premium quality content globally via a wide range of platforms including mobile telephone handsets via 85 network operators in 36 countries, digital TV via 35 platforms in 18 countries, broadband Internet, television broadcasting, DVDs and magazines. Private Media Group owns the worldwide rights to its extensive archive of high-quality content, and also licenses its Private and "Silver Girls" trademarks internationally for a select range of luxury consumer products. Private is the world?s preferred content provider of adult entertainment to consumers anywhere, at any time and across all distribution platforms and devices.

Fletch XXX · 01-22-2009, 10:33 AM

"gamelink" is such a weird name for adult VOD lol but congrats

Tim · 01-22-2009, 10:37 AM

I remember when I first heard about this - very interesting

Rangermoore · 01-22-2009, 10:38 AM

Congrats

jay23 · 01-22-2009, 11:10 AM

This is a good deal for PRVT. Gamelink has one of the best engineering teams.

Machete_ · 01-22-2009, 11:15 AM

Private should focus a little on getting their own promo gear fixed. They have the best content in the world, but very-very few webmaster have even heard of them because nobody use or promote them.

Whenever you ask them something, you get a reply from a stuck up french guy who dident even read the whole email you send.

Bama · 01-22-2009, 11:21 AM

I love Private stuff but I get tired of the European scenes all the time.

1 guy and a girl or maybe a threesome going on and just when it gets good, in walks 15 of the dude's best friends with their cocks hanging out.

Now there are so many people in the scene the camera guy has to keep going back and forth and back and forth and about the time you get ready to bust a nut, they show some guy's "stupid I'm getting a blow-job" face.

Persius · 01-22-2009, 11:57 AM

Nice PR at CNN

notime · 01-22-2009, 12:01 PM

Congrats Peter & Ilan !
Nice to see you guys in Vegas & San Francisco.

XPays · 01-22-2009, 12:20 PM

mazel tov!

TheAmericanCannibal · 01-22-2009, 12:28 PM

mazel tov, as long as i get my cobra....I am happy for all parties involved

lol

mona · 01-22-2009, 12:31 PM

Quote:

Originally Posted by Fletch XXX

"gamelink" is such a weird name for adult VOD lol but congrats

Klixxx just did a profile on Ilan (check out Jan '09), so I actually know the answer (from the article):

The Dawn of Gamelink

As Ilan's interest grew exponentially in computers, he registered GameLink as a business in 1992. GameLink was initially created to sell computer games via the aforementioned Bulletin Board System.

However, by 1993, Ilan had switched to selling adult movies in VHS format, which possessed a larger worldwide market and better margins. The rest is pretty much history.

Congrats to Gamelink and Private!

JFK · 01-22-2009, 12:45 PM

Congrats Guys

andy83 · 01-22-2009, 12:53 PM

now now, how many of u hope to get bought out too? hehe

tiger · 01-22-2009, 01:58 PM

Quote:

Originally Posted by Fletch XXX

"gamelink" is such a weird name for adult VOD lol but congrats

Haha that's exactly what always comes to mind for me too.

But anyway Private has awesome content, always love to watch their stuff.

PAR · 01-22-2009, 02:56 PM

Sweet..
So Private is selling video games now...
lol ok really Congrats to two great companies...

By the look of the numbers in the press these are 2 companies that don't need a bailout..

JayDeeZee · 01-22-2009, 05:40 PM

Quote:

Originally Posted by JFK

Congrats Guys

Thanks!

This is very exciting for us

Barefootsies · 01-22-2009, 05:42 PM

Quote:

Originally Posted by Fletch XXX

"gamelink" is such a weird name for adult VOD lol but congrats

babebuns · 01-22-2009, 05:43 PM

Nice purchase guys, best of luck.

Fletch XXX · 01-22-2009, 05:45 PM

Quote:

Originally Posted by mona_klixxx

Klixxx just did a profile on Ilan (check out Jan '09), so I actually know the answer (from the article):

The Dawn of Gamelink

As Ilan's interest grew exponentially in computers, he registered GameLink as a business in 1992. GameLink was initially created to sell computer games via the aforementioned Bulletin Board System.

However, by 1993, Ilan had switched to selling adult movies in VHS format, which possessed a larger worldwide market and better margins. The rest is pretty much history.

Congrats to Gamelink and Private!

thats all good, im just a gamer and when i see GameLink, i dont thinky porno vod hehe but as i said, congrats. and thanks for the history...

Pussy Cat · 01-23-2009, 08:05 AM

Congrats to both parties

michaelsb · 01-23-2009, 10:35 AM

Thanks everyone!

01-22-2009, 10:32 AM	#1
JayDeeZee Confirmed User Industry Role: Join Date: Aug 2006 Posts: 3,595	Private Media Completes Acquisition of Leading U.S. Online Platform GameLink Private Media Group Completes Acquisition of Leading U.S. Online Distribution Platform GameLink and Creates Global Digital Powerhouse Complete story here: http://money.cnn.com/news/newsfeeds/...___LA61468.htm BARCELONA, Spain, Jan. 22 /PRNewswire-FirstCall/ -- Private Media Group, Inc. (Nasdaq: PRVT) announced today that it has completed the acquisition of GameLink, a leading U.S. adult Internet video-on-demand ("VOD") and eCommerce company in exchange for common stock of Private. The acquisition will enhance Private?s strategic digital media focus as a dominant and uniquely positioned global content production, distribution and development company in both the adult and mainstream entertainment sectors. Following the acquisition, the newly formed Private Online Media Division will benefit from a broader international sales and marketing infrastructure with full representation in both the U.S. and the EU. Commenting on the Company?s decision to make this acquisition, Peter T. Cohen, Chief Operating Officer of Private explained: "During 2008, Private has been focusing its business on new media platform distribution with customized targeted content offerings with great success. The addition of GameLink?s successful VOD portal, along with its state of the art development capabilities for platform design, interactive functionality, and user profiling, will greatly enhance our global business model and ability to implement our online initiatives more timely and effectively". Cohen continued: "We are very excited about the expansion capabilities this deal offers Private and our ability to have shorter time-to-market on new initiatives. The initiatives include a global roll-out of the GameLink VOD portal, a re-launch of private. com with enhanced functionality, expanded international content licensing deals and increased off-portal mobile content delivery. We expect the acquisition to result in strong incremental revenue and substantial profitability from our online media business as we maximize monetization of content on high-margin platforms". Speaking about the synergies between GameLink and Private, Ilan Bunimovitz, newly appointed EVP of Private Media Online Division and founder of GameLink said: "This deal creates compelling new opportunities and a much stronger business model. It allows us to combine GameLink?s expertise in distributing rich media content with Private?s strong brand presence and broad reach into international online markets and emerging media platforms such as IPTV and Mobile. The combined entity will offer more content in more media formats, localized for more countries, than any other company has ever achieved. In addition, we will extend our first-class platform to other adult and mainstream content providers and resellers. This means that customers, affiliates, and content providers now have a one-stop digital aggregation and distribution solution". The acquisition was initiated pursuant to a Letter of Intent entered into in November 2008 and was completed on January 20, 2009 with a definitive acquisition agreement. The acquisition agreement provides for the issuance of 8,534,309 unregistered shares of Private common stock to the owners of GameLink and related companies upon completion of the acquisition, and up to an additional 4,597,397 shares of Private common stock based on earnout targets. The combined pro-forma revenue of the two entities for the nine months ending September 30, 2008 was $35.3 million compared to $22.7 million in revenue for the same period for Private alone. About GameLink Founded in 1993, San Francisco based GameLink LLC is one of the leading online retailers of adult entertainment in the US. GameLink currently has over 70 employees and focuses on online distribution of adult content through its website www.GameLink.com. The site provides an enhanced user experience and state-of-the-art functionality. GameLink maintains distribution agreements with all major US adult content providers and offers over 60,000 titles available in multiple popular media formats. The Company has established an industry leading reputation for innovative online retail and eCommerce solutions. Visit gamelink. com for more information. About Private Media Group With its over 40 year track record, NASDAQ listed Private Media Group (PRVT) is a brand-driven world leader in adult entertainment and distributes premium quality content globally via a wide range of platforms including mobile telephone handsets via 85 network operators in 36 countries, digital TV via 35 platforms in 18 countries, broadband Internet, television broadcasting, DVDs and magazines. Private Media Group owns the worldwide rights to its extensive archive of high-quality content, and also licenses its Private and "Silver Girls" trademarks internationally for a select range of luxury consumer products. Private is the world?s preferred content provider of adult entertainment to consumers anywhere, at any time and across all distribution platforms and devices. __________________

01-22-2009, 10:33 AM	#2
Fletch XXX GFY HALL OF FAME DAMMIT!!! Join Date: Jan 2002 Location: that 504 Posts: 60,840	"gamelink" is such a weird name for adult VOD lol but congrats __________________ Want an Android App for your tube, membership, or free site? Need banners or promo material? Hit us up (ICQ Fletch: 148841377) or email me fletchxxx at gmail.com - recent work - About me

01-22-2009, 10:37 AM	#3
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01-22-2009, 10:38 AM	#4
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01-22-2009, 11:10 AM	#5
jay23 Confirmed User Join Date: Jun 2003 Posts: 1,444	This is a good deal for PRVT. Gamelink has one of the best engineering teams.

01-22-2009, 11:15 AM	#6
Machete_ WINNING! Industry Role: Join Date: Oct 2002 Posts: 14,579	Private should focus a little on getting their own promo gear fixed. They have the best content in the world, but very-very few webmaster have even heard of them because nobody use or promote them. Whenever you ask them something, you get a reply from a stuck up french guy who dident even read the whole email you send.

01-22-2009, 11:21 AM	#7
Bama Confirmed User Join Date: Nov 2001 Location: Redmond, WA Posts: 2,727	I love Private stuff but I get tired of the European scenes all the time. 1 guy and a girl or maybe a threesome going on and just when it gets good, in walks 15 of the dude's best friends with their cocks hanging out. Now there are so many people in the scene the camera guy has to keep going back and forth and back and forth and about the time you get ready to bust a nut, they show some guy's "stupid I'm getting a blow-job" face.

01-22-2009, 11:57 AM	#8
Persius Tap into MOBILE! Industry Role: Join Date: Jul 2003 Location: Hollywood Posts: 11,779	Nice PR at CNN

01-22-2009, 12:01 PM	#9
notime Confirmed User Industry Role: Join Date: Jun 2003 Location: cyberspace Posts: 8,021	Congrats Peter & Ilan ! Nice to see you guys in Vegas & San Francisco.

01-22-2009, 12:28 PM	#11
TheAmericanCannibal Confirmed User Join Date: Dec 2006 Posts: 3,085	mazel tov, as long as i get my cobra....I am happy for all parties involved lol

01-22-2009, 12:45 PM	#13
JFK FUBAR the ORIGINATOR Industry Role: Join Date: Jan 2002 Location: FUBARLAND Posts: 67,374	Congrats Guys __________________ FUBAR Webmasters - The FUBAR Times - FUBAR Webmasters Mobile - FUBARTV.XXX For promo opps contact jfk at fubarwebmasters dot com

01-22-2009, 12:53 PM	#14
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01-22-2009, 02:56 PM	#16
PAR Confirmed User Industry Role: Join Date: May 2005 Posts: 1,835	Sweet.. So Private is selling video games now... lol ok really Congrats to two great companies... By the look of the numbers in the press these are 2 companies that don't need a bailout..

01-22-2009, 05:43 PM	#19
babebuns Confirmed User Join Date: Jan 2009 Posts: 507	Nice purchase guys, best of luck.

01-23-2009, 08:05 AM	#21
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01-23-2009, 10:35 AM	#22
michaelsb Confirmed User Join Date: Aug 2006 Location: San Francisco, CA Posts: 135	Thanks everyone! __________________ Michael Brandvold Director Affiliate Sales, GameLink.com ICQ: 345035372 http://partners.gamelink.com GameLink Partners affiliate program now offers RSS feeds for new release and exclusive VOD, Scenes, DVD, and Niche product! Live Chat now available in all stores! Custom stores can be integrated with your NATS backend. Sign up for your white label store with over 150,000 hours of adult video today at http://partners.gamelink.com.